NOT LISTED FOR SALE

7602 N Valdez St Hobbs, NM 88242

Estimated Value: $350,000 - $433,000

-- Bed
-- Bath
-- Sq Ft
0.85 Acres

About This Home

This home is located at 7602 N Valdez St, Hobbs, NM 88242 and is currently estimated at $404,291. 7602 N Valdez St is a home with nearby schools including College Lane Elementary School, Houston Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Burns Craig and Burns Channing
Bought by
Burns Craig and Burns Channing
Current Estimated Value
$404,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$266,230
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$138,061

Purchase Details

Closed on
Oct 8, 2019
Sold by
Burns Channing and Burns Craig
Bought by
Burns Craig and Burns Channing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 7, 2018
Sold by
Burns Channing
Bought by
Burns Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2012
Sold by
Roadrunner Traiuls Dev Inc
Bought by
Ramirez Cesar R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burns Craig -- First American Title Ins Co
Burns Craig -- First American Title Ins Co
Burns Craig -- None Available
Burns Craig -- None Available
Ramirez Cesar R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Craig $300,000
Closed Burns Craig $300,000
Closed Burns Craig $24,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,982 $127,250 $12,378 $114,872
2023 $2,934 $123,543 $12,017 $111,526
2022 $2,803 $123,543 $12,017 $111,526
2021 $2,796 $119,945 $11,667 $108,278
2020 $132 $4,735 $4,735 $0
2019 $126 $4,597 $4,597 $0
2018 $122 $4,463 $4,463 $0
2017 $127 $12,999 $12,999 $0
2016 $131 $12,999 $12,999 $0
2015 $119 $12,999 $12,999 $0
2014 -- $12,999 $12,999 $0
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

7602 N Valdez St, Hobbs, NM

This home is located at 7602 N Valdez St, Hobbs, NM 88242 and is currently estimated at $404,291. 7602 N Valdez St is a home with nearby schools including College Lane Elementary School, Houston Middle School, and Hobbs Freshman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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